Analysts expect USD/JPY to fall further, and here are 3 reasons back up that thesis.
To judge by their polar opposite reactions, two top U.S. Federal Reserve officials could have been looking at completely different sets of U.S. inflation data on Friday.
The Consumer Price Index data for March was in line with low underlying inflation, a top U.S. Federal Reserve official said on Friday, adding it is too early to determine whether commodity price spikes are playing a role.
Philadelphia Federal Reserve Bank President Charles Plosser on Friday said the U.S. central bank could move to tighten monetary policy this year if the recovery unfolds as he expects.
Federal Reserve officials differed on Thursday over the urgency of withdrawing monetary stimulus on Thursday, with some saying inflation is in check despite oil price rises while others warned of risks if the central bank drags its feet.
The recent surge in oil prices is no prelude to broader price increases that would force the Federal Reserve to raise interest rates, top Fed officials said on Thursday in what appears to be the predominant view at the central bank.
The recent surge in oil prices is no prelude to broader price increases that would force the U.S. Federal Reserve to raise interest rates, two top Fed officials said on Thursday.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
US Treasuries holders’ ability and willingness to buy more Treasuries or decision to sell existing holdings will determine the long-term interest rates of the US government, which in turn influences the cost of capital for the US private sector.
The president's reforms may have a major impact on the U.S. economy and the housing market in particular.
Wholesale Gold Bars slipped to a 3-session low in London trade on Tuesday, finally bouncing higher from $1455 per ounce - some 1.5% below yesterday's new Dollar high - as world stock markets fell and major-economy government bonds rose.
Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.
The economic recovery is so sluggish that the Federal Reserve needs to keep easy money policies in place while the government comes to grip with its debts, the International Monetary Fund said on Monday.
The U.S. economy is still not strong enough for the Federal Reserve to start reversing its extremely accommodative monetary policy, a top Fed official said on Saturday.
The carry trade is back and it’s the main theme in the forex market.
Hitting $1472.50 for US investors today, the Gold Price also rose sharply against the British Pound - hitting its best level since New Year at £900 per ounce - but was in flat against most other major currencies. Silver Prices, in contrast, rose to new multi-decade highs across the board.
Dueling views on the outlook for inflation and U.S. monetary policy by two top Federal Reserve officials on Friday underscored divisions at the central bank as it nears the end of a controversial stimulus program.
The surge of hot money that has vexed many emerging markets may slow dramatically once the U.S. Federal Reserve begins raising interest rates, the International Monetary Fund said on Thursday.
Two top Federal Reserve officials offered conflicting views on interest rates on Thursday, one arguing they should stay low for a long time and another saying a rate hike could be in the cards this year.
The Federal Reserve should keep its fed funds target rate very low for a long time and complete its asset purchasing program as scheduled, Cleveland Federal Reserve Bank President Sandra Pianalto said on Thursday.
Large financial firms should be allowed to fail or they will continue to take excess risks that lead to crises, Richmond Federal Reserve President Jeffrey Lacker said on Thursday.